World Footwear

Companies

H&M plans up to 588 job cuts in Spain

Feb 16, 2024 / Sweden
The Sweden-based retailer plans to close a fifth of its stores and lay off up to 588 employees in Spain. H&M currently operates 133 stores in the country and employs nearly 4 000 people

Shoe Carnival Acquires Rogan’s Shoes

Feb 15, 2024 / United States
The US-based retailer has announced the acquisition of the 53-year-old footwear company Rogan’s Shoes for 45 million US dollars. It has also released preliminary results for its fiscal 2023

Puma names new head of global brand strategy

Feb 15, 2024 / Germany
The German-based company has named Julie Legrand as Senior Director of Global Brand Strategy. She has been tasked with the definition and execution of Puma’s strategy to increase brand awareness

Importance of digital retail channels will continue to increase, survey reveals

Premium ContentFeb 14, 2024 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, half the experts surveyed said they believe digital retail channels will increase their share in footwear sales in the next three years

Deckers appoints Robin Green as President of Hoka

Feb 14, 2024 / United States
The California-based company has appointed Robin Green to the role of President of the Hoka brand. She most recently served as global vice president of Men’s Running and Fitness at Nike

Capri’s performance hit by weak consumer demand

Feb 13, 2024 / United Kingdom
The parent company of Versace, Michael Kors and Jimmy Choo continued its downward trend in the third quarter of fiscal 2024, mainly due to slower consumer demand in the Americas region

Another disappointing quarter for VF Corp

Feb 8, 2024 / United States
The parent company of Vans and The North Face posted a 16% year-over-year decline in revenue in the third quarter of fiscal 2024, largely due to a “shift in the timing of wholesale deliveries”

Footwear retail prices expected to increase

Premium ContentFeb 7, 2024 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, panel members revealed their expectations regarding future increases in footwear retail prices. A sentiment influenced by the high inflation recently experienced

Columbia Sportswear warns of a challenging year ahead

Feb 7, 2024 / United States
The US-based company posted a year-on-year drop in profits in 2023, as well as a weak fourth quarter. It also warns of a challenging 2024, as economic and geopolitical uncertainty remains high

Deckers reports record quarterly revenue and earnings

Feb 6, 2024 / United States
The US-based footwear company has reported “record” third quarter revenue and earnings, driven by an “exceptional performance” from both the Hoka and Ugg brands

Deckers Brands CEO to retire in August

Feb 6, 2024 / United States
As the US-based company reported another strong quarter, it announced that Dave Power has decided to retire as President and Chief Executive Officer, effective from the 1st of August 2024

World Footwear Voices: interview with Yuly Fuentes-Medel Ph.D. from MIT

Premium ContentFeb 5, 2024 / World Footwear Voices
Today we bring you a conversation with Yuly Fuentes-Medel Ph.D., Project Manager for Fiber Technologies at MIT. Watch the new episode of the World Footwear Voices

H&M announces results for 2023, CEO steps down

Feb 2, 2024 / Sweden
The Sweden-based group has reported a 6% growth in net sales in 2023, as compared to the previous year. However, its CEO has stepped down amid sluggish sales at the start of the year

Crocs brand President Michelle Poole to retire

Feb 2, 2024 / United States
The US-based casual footwear brand has announced that Crocs brand President Michelle Poole has decided to retire. She will be succeeded by Chief Financial Officer Anne Mehlman

Daniel Ervér is the new President and CEO of H&M

Feb 1, 2024 / Sweden
At the same time as reporting its 2023 results, the fashion group announced a change at the top. Daniel Ervér is the group’s new CEO, succeeding Helena Helmersson, who stepped down after four years in the role
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